Managerial Finance: Volume 50 Issue 7

CSR inequality, managerial myopia and hostile takeover threats

Pattanaporn Chatjuthamard, Pandej Chintrakarn, Pornsit Jiraporn, Weerapong Kitiwong, Sirithida Chaivisuttangkun

Exploiting a novel measure of hostile takeover exposure primarily based on the staggered adoption of state legislations, we explore a crucial, albeit largely overlooked, aspect of…

Defining and measuring financial literacy in the Indian context: a systematic literature review

T.P. Arjun, Rameshkumar Subramanian

This paper aims to analyse how financial literacy (FL) is conceptualised and operationalised in the Indian context.

Can the Sell in May effect be enhanced by a size tilt?

Kobana Abukari, Erin Oldford, Vijay Jog

The authors evaluate the Sell in May effect in the Canadian context to comprehensively explore the Sell in May effect as well as its interactions with the size effect and risk and…

Can common institutional ownership inhibit corporate over-financialization? Evidence from China

Hao Ding

Common institutional ownership is a phenomenon that has extended throughout the capital markets in recent years and has a significant impact on business strategy decisions. The…

Addressing endogeneity in marginal revenue product estimates of shirking in Major League Baseball

Richard J. Paulsen

While much of the literature testing for shirking by professional athletes have used performance metrics, some works have quantified shirking in dollar terms by comparing salary…

Corporate governance and firm’s risk behavior: the moderating role of corporate social responsibility

Khurram Shahzad, Rizwan Ali, Ramiz Ur Rehman

This study aims to examine the nexus of corporate governance with firms' financial risk-taking behavior under the corporate social responsibility (CSR) disclosures in the context…

Assessment of working capital management efficiency – a two-stage slack-based measure of data envelopment analysis

Himanshu Seth, Deepak Deepak, Namita Ruparel, Saurabh Chadha, Shivi Agarwal

This study aims to assess the efficiency of managing working capital in 1,388 Indian manufacturing firms from 2008 to 2019 and investigate the effects of firm-specific and…

Corporate culture and sales order backlog

Akhilesh Bajaj, Wray Bradley, Li Sun

The purpose of our study is to investigate the impact of corporate culture on sales order backlog.

Limited partners’ contribution to venture capital fund returns: newbies versus experienced

Khaled Abdou, Paramita Gupta

This study aims to investigate limited partners’ (LPs) influence on venture capital (VC) fund returns.